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. but listen to this. the democratic budget calls for $1 trillion in tax increases over the next 10 years. how are you going to grow an economy with that? and every working american is going to pay some of those taxes. let me ask you, let me ask you this. are you already not paying taxes through the roof? i am. property tax, sales tax, gas tax, state tax, city of new york tax, federal income tax, and almost everything i do in my leash time, rental cars, hotels, planes, all taxed as well. and the democrats want to add another trillion dollars in taxes? so we're quickly becoming sweden which has the highest tax rate in europe. u.s. corporate tax is already the highest in the world, already. and there is no doubt president obama wants to raise them even further. so, again, is this a sound economic policy? is this going to grow the economy in the u.s.a.? is it? finally, the president and the democratic party have failed to tell the american people exactly what programs they will cut in the future, if anymore. once again, there is no specific entitlement reform put forth by the president. this is r
his own words. he says investments, and he means government spending. meanss revenue, and he taxes. he says dr. lincoln is in the library, and he means, "distract michelle. i'm going out for a smoke." remember, republicans agreed to raise taxes, and in exchange, we're supposed to be taking an ax to the budget. he wants to raise taxes again. remember this the next time some journalist asks a republican, cassette and are you saying you would not take $1 in tax hikes in exchange for $10 in budget cuts?"-- "are you saying you would not take $1 in tax hikes in exchange for $10 in budget cuts?" we are the indians and the obama administration are andrew jackson. we have been through this before. the democrats tripled the budget. it is not true that it was reagan's tax cuts that led to the deficit. the problem was for every additional dollar that came in to the internal revenue service, the democrats were spending another $3. then reagan's knuckle head of a vice president, the first george bush, unable to learn from the first kick of a mule, made the exact same deal with democrats. he raised t
to raise taxes in virginia in order to deal with transportation problems. it's also worth noting that people are noting the absence of those two, and the presence of people like mitt romney who has said he's never going to run again, and a lot of republicans think he has admitted ran a campaign with some flaws along the donald trump and sarah palin raises questions about the absence of mcdonnell and chris christie. there will be a straw poll here. it doesn't mean a heck of a lot other than republicans are already keeping score. and one more thing, jon. yesterday when we were talking about deliberate irs taxes, i said one in ten were delinquent, it's actually one in a hundred. i don't want the irs angry at me. so made a mistake and cleaned it up. jon: all right. one in one hundred, and as you said, we'll see who shows up to the next cattle call for conservatives. carl cameron, thank you. jenna: well, an outpouring of reaction to the newly-elected leader of the catholic church. pope francis planning an inaugural mass in the sistine chapel. he told a crowd of some 100,000 people in
if republicans agreed to new tax increases. we have heard this before. however, the white house put a positive smpin on the meeting calling it a good substantive exchange and called it a good conversation. the president admitted more with abc news there is more to be done. >> ultimately it may be that the differences are just too wide. if their position is we can't do any revenue or we can only do revenue if we gut medicare or gut social security or medicaid. if that is the position we probably will not be able to get a deal. >> if your piece up on politico read conflicting reports, some say it was more of the same from the president and others say it was a step in the right direction for him to come up to the hill and visit bus. anything come out of this meeting yesterday and the ones that will follow today and the rest of the week? >> i would just replay that clip over and over and over again and that tells you everything you need to know about the next year. the president wants tax increases and he does not want to do a bill with big changes in entitlement reforms. republicans don't want ta
a plan for the new budget, including new taxes. how much you ask? reaction from one of the top republican leaders in the house on that dollar figure. martha: how about this? there is a report out there that a hacker is giving out confidential memos on the terror attack in benghazi. how could this have happened when lawmakers and the victims families still do not have any answers in terms of what they have been demanding? big questions this morning. john bolton on that. >> the security in benghazi was a struggle and remain ad struggle throughout my time there. the situation remained uncertain and the reports from some libyans indicated it was getting worse. diplomatic security remained weak. in april there was only one u.s. diplomatic security agent stationed there. ♪ [ male announcer ] help brazil reduce its overall reliance on foreign imports with the launch of the country's largest petrochemical operation. ♪ when emerson takes up the challenge, "it's never been done before" simply bemes consider it solved. emerson. ♪ given way to sleeping. tossing and turning have where sleepless
before from republicans. is that true? >> largely true but there is one huge difference. that is the tax increases that have already gone into effect on january the 1st. paul ryan budget accepts the increases. it does not attempt to change them. in other words he is not rehashing the whole fiscal cliff debate. he is accepting that, yes, we've got these higher tax rates in place. we all keep them. that's a huge difference from where he was before the election. martha: he includes tax cuts, tax hikes, i should say but doesn't include obamacare. he would like to see that go. >> he wants that out of here. >> stuart, thank you very much. bill: you've been waiting 1400 days and finally we got a budget. so now we know. martha: it is exciting. takes less time to pick a pope. put it that way. at least we think so. bill: in the modern day. martha: exactly. bill: in "america's newsroom" the new polling shows public view since the election. is the honeymoon over? some numbers tell a very interesting story on that topic. martha: this one is not going away, folks. the fight whether or not you can brin
's not going to happen. you talk about a trillion dollars of new taxes for patty murray that is unlikely to happen. where is that middle? >> it's going to take the president to forge and find the middle, which is why, again, i echo the points made at the beginning of the show and to mike's point about the weirdness of the town, there was a time when this was not weird. you come from one of the great states and one of the great leaders who helped create this environment, the great tip o'neill understood you had to work with both sides. >> and teddy kennedy. >> no doubt about it. the most productive leader was teddy kennedy in the senate and not only washington. it takes the president to unthaw this. he is going to probably take as many arrows as you said before from the democrats as he will republicans. there are democrats who are staunchly opposed to spinning discipline around entitlement. >> can i say it's actually nice? because this president really hasn't crossed his base a lot the past four years. it's nice for me to be able to say to republicans, who say i think legitimately say he
's good to refresh our memories on costly wars, big tax cuts, medicare part d. that was a six-hour vote and there were republicans chasing people around the walls of the house of representatives trying to get that last vote and of course, the crisis on wall street. by the way, as you know, they've regained all the money they lost on the principles of president obama. i know he has a heart of caring. we've got to restate this principle and you are right. it's our commitment. we're not letting go of medicare, medicaid and social security. medicaid is a premise of the affordable care act. >> even if it puts you at odds with the president? >> i'm an optimist and i truly believe the president has a real good heart and he's still willing to listen. we're against the changed cpi. but we're keeping the doors open. we want to hear what the president has to say and i always believe that he has an open mind and an open heart. but it's up to many of us. to keep the fight going. >> we are going to find out. no question about it. thanks for your time tonight. i appreciate it. >> thanks. >> and that i
no income tax. my job is not to worry about those people. they should take personal responsibility. >> no turning point in the campaign was more important than the release of that tape. president obama opened up a seven point lead and mitt romney never got within striking distance, again according to nate silver. >> let's start with the most valuable player of the 2012 presidential campaign. my choice is, of course, the anonymous videogfer. that is scott prouty. he's 38 years old. he is from boston. massachusetts is romney's home state. he lives in florida. he was serving as a bartender the night of the romney fund-raiser. here is ed with the mvp of 2012. >> i grew up in a blue collar area of boston. nobody i know can pay, can afford to pay $50,000 for dinner. i felt an obligation for all the people who can't afford to be there, you shouldn't have to be able to afford $50,000 to hear what the candidate actually thinks. i came to the conclusion, i wanted to go live in full, you know, probably when most people are paying attention. i thought that was probably around the conventions,
.85 trillion off the deficit over the next decade. it does so by raising nearly $1 trillion in new tax revenue, by cutting tax expenditures, and closing loopholes in the tax code and cutting $733 billion in spending. the remainder of the package is made up of savings on interest payments. murray's budget includes $275 billion in some health care cuts, less than the $400 billion the president previously put on the table and what he talked about in the state of the union. it includes $240 billion in defense cuts. senate democrats also propose $100 billion on new stimulus spending on infrastructure projects. >>> the budget includes no change to social security. the president reportedly faced some skepticism yesterday when he spoke to senate democrats about potential plans to switch to a, quote, chained cpi, which could lower the rate at which social security benefits are increased and cut the cost of the program in the long run. this morning, the liberal "huffington post" has a banner headline quoting senator tom harkin. quote, he said he hopes we reach some grand bargain. but what is in that gra
with your 401(k)? well, over the weekend, european policymakers agreed to bail them out by imposing a tax on the savings accounts of people who live there. that's right. they're actually taking the bailout money directly from people's bank accounts. of course, that sent folks running to their atms to withdraw their money, sparking a panic. now there's concern the same thing will happen in other parts of europe. and even though wall street is hanging tough, could the cyprus crisis impact us down the line? tom foreman has a fancy show-and-tell to help break it all down for us. tom, thanks for joining us. i understand why cypriots are worried, but why should americans be? >> because this can rattle your wallet. >> really? >> look at this over here. i start with the rhetorical question. what do shreveport, louisiana, knoxville, tennessee, have in common? they have bigger economies than cyprus. it has over a million people. gdp of about 24 billion. but this place is in big trouble right now, because of the issue of debt. what they have is a massive debt. they're spending more than they have, s
. the sequencing done right on this cut spending cuts and tax reform. things sound great and they're moving along now. but joe, as we talked about earlier, you're going to have reticent democrats. and even key congressional races who are going to slow down a bit and saying, look, i want immigration and guns dealt with, what are we doing about the economy and the budget, the debt, and tax reform? >> and this is, richard haas, you can only push people so far, i mean, not the republicans' best friend. this weekend said democrats you're about to lose me. i pay 40% federal, 15%. well, i hear we have it cued up. let's go. this is bill maher this weekend. >> -- actually do pay the freight in this country. i just saw the statistics, something like 70%. and here in california, i'm just going to say, liberals, you could actually lose me. it's outrageous what we're paying. over -- i'm willing to pay my share, but yeah, it's ridiculous. >> and not only that -- >> wow. >> people like bill maher pay 55% in california, people in new york pay over 50%. in new jersey, why is a republican sitting at 70% plus appro
out and share that conservative message of liberty and less government and lower taxes and individual responsibility. it is time we all stop preaching to the choir. let's grow. [applause] america already has one party that is expert at pitting groups against one another. we will never win a contest of identity politics. ee have to believe in america xceptionalism that no one is guaranteed success the everyone is guaranteed an equal opportunity at success. [applause] the greatest lie that the liberals tell is that government is the way to realize this. there is a reason that washington d.c. is an island of prosperity and it's a nation mired. the more it picks winners and losers, the more crony capitalists win, the more the rest of us lose. whether it is clean energy or free obama phones or prophylactics -- if he did not have a team of lobbyists in dc you are not at the table. you are on the menu. [applause] if mrs. thatcher with us here today she would remind as there is a big difference between being pro-business and being pro-free market. it is time for we, the people, to break out o
are always trying to protect taxes or wealthy people? is that a problem out there with the rank-and-file voters? >> no, i mean -- i don't think so. i think that's obviously a misperception that's become a real perception by the public. but i think we have to talk about things in ways that people can relate to. i mean, if you're talking about taxes and taxing small businesses, you have to talk about the fact that if -- if -- if our small businessman has to pay more money to the government, then he's going to have less money to pay to his ememployers, and the ememployers will have less money to send kids to the school of their choice. i think it's a matter of talking about the debt differently. not just we are in imminent danger in a debt crisis in this country. but what does that mean to people? it means that our government is growing so fast and it's becoming so expensive that we're making payments to our credit cards that we can't afford, which means we have to keep -- we'll keep having this debate about needing more revenue to the government. well, that means less money in peo
tax on 350 rooms for nfl staff. waiving the 10% ticket surcharge going towards debt service on the stadium and waiving a fee funding seen skbrer youth programs and waiving a parking fee covering what the city spends on police, fire and traffic control services. no one2ouc!!rvñ calculated publc safety costs oo. it was our intention to make sure we walkway putting on a great show. and making sure we come out whole in this process. and being reimbursed in efforts. >> the tax waiver sounds like a concession but let's crunch the numbers. 350 rooms are involved. the tax is $14.25 translating into a $5,000 loss per night. hotels say they'll be booked. there are 2300 hotel rooms within two miles of the stadium. the totel tax on the rooms would offset the tax break. the hilt n onsanta clara sits adjacent to the new stadium and general managers have seen impact of the super bowl. >> i did the super bowl. it was rams and titans and that gave us a record month, far and away, crushed any numbers that hotel had done in the past for the month. >> seniors and young people facing a small ri
country to get a bailout. very controversial because it includes a tax on bank accounts. over the weekend, nervous cypriots ran to the atms to with draw large sums. lawmakers holding a hearing today in the u.s. on the us airways/american merger. a senate judiciary committee looking into the impact the deal might have on competition. the ceos of both airlines will appear. many analysts don't expect ticket prizes to rise, because there isn't much overlap between usair and american. still airline mergers are often heated and messy. complaints about lost bags, screwed up reservations, delayed flights typically soar after two airlines combine their reservation systems. we'll continue to watch the big airline merger. >> always has the potential to be a hot mess. >> yeah. >> take a look live at the vatican. the pope now greeting the leaders from around the world. we'll tell you what he says in his next -- before his inaugural mass this morning. take you back live to rome coming up next. and then today marks ten years since the invasion of iraq. coming up john's powerful conversation with america
of entitlement in exchange for new taxes. despite reports the meetings are just for show. party leaders are optimistic. >> they were inspiring optimistic realistic and called for unit and invited any thoughts we had before going forward. >> it was a candid exchange with a number of our members asking questions of the president. as you can image talked about all different issues confronting us with considerable proportion of time transcended issue of time that is our deficit and debt. >> our nation's debt $16 trillion. >> it is time now to brew on this. here's what we would like you to brew on today. a recent report found that more companies are turning to tracking devices to monitor employee's habits to find out how they are interacting with co-workers. bank of america did this when team members talked to each other often. one ceo persworker said they co be recorded by watching movements>> or reading e-mails. >> companies putting sensors on employees to track their every move? is this just fine or is it over the line? send your comments over to us. you can tweet them to us at fox friend
.d.p. which is what they're now perhaps going to get. by taxing depositors, they actually have the ability to also tax nonresidents, as we saw in your clip just now. there's a lot of british there but there are even more russian depositors so in that sense you actually end up having the ability to bring in tax revenue from non-cyprusians. that's a big advantage for the government of cyprus because this is money that otherwise they would have had to raise by cutting pensions or other types of austerity measures. >> woodruff: the russians and others stand to be hurt pretty badly by this. >> basically that's part of the strategy or the intent of both the euro area, the i.m.f. and the cyprusian government. >> woodruff: but the signal that sends, i mean, what's the message it sends to the rest of europe? i mean, how worried should they be that what's going on in cyprus and we don't know how this is going to play out because the banks are closed for the next few days. how worried should the rest of the banks in europe be? >> i don't think there's an immediate risk of sort of contagious bank run
no tax dollars for operating expenses and relies on the sale of postage, products and services to fund its operations. and the usps says it makes more money than it spens because of the networking that happens here. critics point out the post office is a monopoly that shouldn't need to spend millions of dollars to network. they say that given the agency is $16 billion in debt, the usps is out of touch. >> we are a nation in austerity. the postal service is deep, deep in the hole. toe to see they are having a lav inch conference with golfing outings and a dance party -- it is beyond the pale. >> reporter: in a letter he fired off to the post master, a congressman said, quote, spending millions to participate in a conference seems to exhibit extremely poor judgment by usps judgment... it is getting close scrutiny in washington, as the house oversight committee holds formal hearings into wasteful travel by governmenties. >> jamie: cloud claudia, great to see you. thanks. >> eric: so you are building your financial nest egg for years, but what if life takes an unexpected turn and have you
to tax themselves, saving the city millions. his winning argument that made the bay area proud. >>> plus, after a beautiful weekend across the bay area, there is rain in the forecast. meteorologist rob mayeda tracking the system. find out if it's going to affect your commute. >>> secrets of the bay area were revealed this weekend when historic artifacts from the infamous escape from alcatraz and the presidio were made available. >> the national park services opened its archives to the public. joe rosado takes us inside centuries of history. >> reporter: some of the bay area's national parkland date back over 200 years. but as we all know, history isn't just measured in time. it's measured in stuff. >> we have millions, literally millions of pieces of historic documents. many of those came from the army. >> reporter: a former cavalry stable in san francisco's presidio is now home to the national park service's archives for the gelden gate national recreation area. it's a smorgasbord of more than six million items dating back to the bay area's military history, which have here ranging from
union leaders called for a tax on savings accounts, prompting a drop in global stocks. >. it's outright theft. >> woodruff: jeffrey brown kicks off a week of stories about the middle east, starting with israel's new governing coalition sworn into office today. >> ifill: paul solman reports on older workers in academic institutions, professors in the classroom long past age 65. >> am i keeping track of jobs? yes. that's okay. as long as i'm a good teacher, that's what's important. >> woodruff: and we examine the republican national committee's call for a new direction for the g.o.p., a road map hoping for a rebound in 2016 and beyond. >> ifill: that's all ahead on tonight's newshour. >> major funding for the pbs newshour has been provided by: moving our economy for 160 years. bnsf, the engine that connects us. >> and by the alfred p. sloan foundation. supporting science, technology, and improved economic performance and financial literacy in the 21st century. >> and with the ongoing support of these institutions and foundations. and... >> this program was made possible by the corporation
accounts and just taxing their savings now has a new plan. the details are ahead. plus, the lawmakers who pulled no punches and yanched-yanked on each other's hair. a man pops his trunk for the cops and a deer makes a run for it. it easier to get everything your business needs. [ dog whimpers ] even paper towels. and now get a scott mega roll paper towel 6 pack for $4.99. staples. that was easy. i'm your hot water heater. you hardly know i exist. that's too bad. 'cuz if my pressure relief valve gets stuck... [ booooooom! ] ...we hot water heaters can transform into rocket propelled wrecking balls. and if you got the wrong home insurance coverage, it's your bank account that might explode. so get allstate. [ dennis ] good hands. good home. make sure you have the right home protection. talk to an allstate agent. make sure you have the right home protection. but maybe the problem isn'isn't your lawn. introducing the all-wheel-drive mower from husqvarna. we engineered its unique drive system and dual transmission to handle hills& thick grass& and tough terrain& without losing traction or powe
account as a tax. tonight, the plan in one country to do just that and the shock felt around the world. plus, campus shooting plot foiled. tonight, guns, bombs and suicide at one of the biggest universities in america. late night panic and fear on campus. >> the cops had guns and were telling everyone to run. >> shepard: now the suspect is dead. why did he have all the weapons and explosives? tonight, investigators dig into the deadly dorm room drama. and a couple of dare devils do a skyscraper fly by. with nothing more than a pair of wings but first from fox this monday night, police are now saying this could have been a disaster. hundreds of students had the one of the largest universities in our nation evacuated after report of a man with a gun on campus. but there was so much more. when police entered the suspect's dorm room, they found him dead with a pistol and an assault rifle. and a bagful of homemade bombs. and investigators say it now appears to them the suspect was planning some kind of attack. it happened a little after midnight in dorm tower 1 at the university of central
check, zero. no new taxes under any circumstances. yesterday paul reid offered a budget that zeroes out the president's health care plan. texas senator ted cruz even proposed a plan to defund obama care himself. with polls showing the president's approval rating dropping, a "washington post" poll put it at 50%, 5 points from a month ago, republicans have decided to stick to their own playbook, obstruct everywhere, hope some of the mud that covers them sticks to the president. steve schmidt is former senior adviser to the mccain/palin '08 presidential campaign and senior strategist on the bush/cheney '04 presidential campaign. robert gibbs was senior adviser for president obama's 2012 re-election campaign and served as white house press secretary. of course, both are now msnbc colleagues. in fact, analysts as well. thank you. steve, i want to start by throwing some dirt ball at you. i don't know how you're going to catch this one. >> yes. >> as we've all watched for the last two or three months now since the horror at newtown, connecticut, where all those 6 and 7-year-old kids were slaug
have bank accounts would be taxed one time on their deposits. so if someone has an account with $129,000 or less, they would have to fork over almost $9,000. that's a 6.7% tax. people who live there as you can imagine, they're really nervous about this tax. over the weekend, many rushed to withdraw their money out of the bank. this is what's unnerving the markets right now. about 15 minutes before the opening bell. >> al wlis siclisoison kosik li york stock exchange. >>> the heat tied a leg record for the second most con secreta consecutive wins. they will try to extend the streak in boston tonight when the celtics have their own run going, 11 straight home wins. >>> another miami basketball team is also on a roll, though. the university of miami hurricanes beat north carolina to become atlantic coast conference champs and advance to the ncaa tournament. 67 other teamses are in the big dance which tips off tomorrow. that means it's time to fill out those brackets. carlos diaz is checking a huge one here in the cnn center. wow, carlos. ♪ ♪ indiana, indiana, we're all for you, we w
i'm listening but we've got to begin this talk by raising taxes. and then they got into some policy. >>alisyn: let's hear more about exactly what was said in these meetings. >> one of my favorite moments was when one of my colleagues said mr. president, it is not all that helpful to have you publicly questioning our motives, publicly accusing us of wanting to eviscerate medicaid, for example, simply because we want to call for reform or block grants. >> and his answer was? >> i don't speak nearly as badly about you as some of you do about me. >> who asked that? >> it was jon [inaudible] i thought he did a great job in answering the question. he was deferential in the way he did it. the point needed to be make. the president's response was unsatisfactory. it overlooked the fact that most of the time we criticize him but we generally don't question his motives. we don't question whether or not he generally cares about the american people. that is a problem. that is a difference. >>steve: you can tell the vicious attacks over the last couple of years really hurt. okay, he's up here now
was taxing the colonists. and do you remember taxation without representation, so you can trace the beginnings of the revolution to this room. this is the way it would have been when george washington came here for dipper with he and -- dinner when he and martha and the family would come. he not only dined here, but he also dined at various taverns, so let's go over and see gadsby's tavern which was probably george washington's favorite tavern. [background sounds] >> this is gadsby's tavern, probably george washington's favorite t.a.r.p.. he dined her frequently. there was a tavern on this site as early as the early 1770s. in the current building where the museum is today, it was build circa 1785, and the new addition on the corner was added in 1792, so the new addition is over 200 years old too. some of the famous people who dined here included john adams, thomas jefferson, james madison and james monroe. thomas jefferson had his inaugural dinner here. john gadsby had a terrific reputation for hospitality. he was known for the really great dinners that he would serve, so he was
pay taxes, follow the laws, but were not allowed to take part in the things every alexandria citizen had time to take part in. a young attorney named samuel tucker had been working on for some time. >> samuel tucker was a native alexandria. wanted to be a lawyer for two reasons. it is a in town who rented space from tucker's father and became fascinated with what lawyer watson did. the other took a trip on a street car with his brother and to d.c. and they were coming back from d.c. and they were asked to move once the train can't alexandria. they refused. tucker's brother either refuse to move. when i got off the streetcar he looked up and fly down a police man and had the young man arrested. likely the charges were thrown out because the boys are scared charge is it not be thrown out, but the judge that they haven't created any disturbance of the train to do anything illegal, but it gives a sense being a lawyer j.d. power to make things right. >> report at 1939 kitty sargent named george wilson who worked to come into the library and apply for a card. wilson had been denied on tech
escalation. number two, stocks closed lower on news of a plan plan to tax the bank account of the tiny nation of cyprus to help bail out the country infantry from financial crisis. number one, cops found a student dead with pistol and assault rifle and homemade explosives in his dorm at the university of florida in south orlando. that's "the fox report's" top five. on this day in 1963, the u.s. supreme court issued a land mark ruling that states have to provide a lawyer to a criminal defendant who can't afford one. it began with the 1961 arrest in florida of clarence earle gideon for breaking into a pool hall and stealing money from vending machines. he couldn't afford a trial attorney. that could hope happen in death penalty cases and wound up sentencing gideon five years in prison. he appealed claiming the conviction violated his constitutional rights. the supreme court upheld the claim and in a re-trial with a defense lawyer, gideon walked free thanks to historic decision 50 years ago today. and now you know the news for this monday, march the 18th, 2013. i'm shepard smith. i will see you
,000 in the bank entirely to those under 100,000 and to keep the tax at 9.9% for those above 100,000 euros in their accounts. if it doesn't sound much different from the original plan, it's not. it basically exempts those with less than 20,000. on the back of that, we did see markets weak. elsewhere, there has been a weakening, but realively contained one. the ftse mib in italy is down 0.3%. the xetra dax is down by 0.5%. france is weaker. the ftse, as well, down about 0.25%. not too far off the levels we've seen this morning. german economic sentiment did come in roughly in line with expectations, so that helps to keep the bid in the euro, as well. here is the different between spain and italy. italy's ten-year selling off a bit. yield up to 4.66%. spain rallying. it did go to market with three nine-month yields this morning. still below 5%. i mentioned what was happening with the euro. let's take a look now as it continues to go through the different pieces of economic data we're getting this morning. it's still down about 0.11%. yesterday, it was actually stronger. so markets generally
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a robust debate on tax reform? that is sitting out there and no one is moving on it and everyone is very unhappy with the tax code as it currently exists and there are some opportunities there to pick up some additional revenue. but, at the same time, it would send a signal, i think, across the entire spectrum of the country maybe they can get something done. >> i agree with you. you're an experienced observer of these things. why can't we have this? the simpson-bowles system is hire tax reform and we are trapped. >> i don't know why the president just doesn't reach out and say we are having trouble with these other issues. this is one in which we can all gather at the same place and get something done. >> isn't the argument what to do about the -- that's where everyone sort of breaks. the president is saying, it's not -- some of it should be used to -- some of it should go back into the government and some of it could be used to lower tax rates. >> the president is not spending the good tax reform and debate is why. washington loves to talk about taxes. a long time now sideways spending
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the terms of the cypress bailout could send europe into another financial crisis. it calls for a tax on every bank account in cypress. the euro hit its lowest level this year. >>> europe's largest bank wants to get leern and meern. it is part of strategy to make it more profitable. more than 40,000 employees and 50 branchs in the u.s. >>> this week, the postal service be told to keep on delivering on saturday. it says it can save $2 billion by cutting saturday delivery. >>> we're told that tourism to an unlikely spot is booming. north korea is a military dictatorship with constant surveillance that spends more money on rockets and weapons than its own people. a tour company expects five times as many tourist this is year as it did four years ago, when tourism wiz first aloud. that's only a total of 500. >> 500 people. >>> oz great and powerful. magic again at the box thaufs week. the film, like abc news, is part of disney. making it the biggest hit this year. took in $42 million. the call connected for 17 million. the invebl burt wonderstone was less than credible. my daughter, not m
sure that the tax dollars are being well spent so i want to encourage you to keep that very firmly in mind. this is a somewhat unique setting. >> i agree wholeheartedly. that's a good point, and it also speaks to commissioner mar's comments about outreach and inclusion in the stakeholder engagement process. if you look at the timeline today is march march 18. we have basically this week to do community engagement which means from the standpoint of scheduling and making it happen that's a very, very aggressive timeline in order to produce a document that you will have to review and approve on the following week, so what i might suggest that we might want to do as part of this process is have some of that community engagement be on-going. the fact that we have a recruitment profile that has been produced does not necessarily impede us from listening to our stakeholders and being able to integrate additional comments into the selection and evaluation part of the process which is equally important as identifying what the key characteristics are, so even though we may not have compl
. >>> the budget war continues on capitol hill. democrats will release a competing plan which includes tax increases of nearly $1 trillion over the next decade. >> it is about two minutes till the top of the hour as we look at the good, the bad, and the ugly. up first, the good. a college student getting the chance of a lifetime when he is asked to perform with billy joel and the singer said yes. [singing] >> one of my favorites. this happened during a question and answer question at vanderbilt university. fresh man michael pollack said it was the greatest moment of his life. for the bad, a proposal ends in arrest in southern california. a man and three buddies face charges for blocking the busy highway to pull off the surprise. the bright side is his girlfriend said yes. >> in jail? >> finally the ugly. what you see is not always what you get. check it out. a teen getting in over his head accepting a bet from his friend to jump into what he thought was a simple puddle. the video has now gone viral. >> that's some ugly. "fox & friends" starts right now. >> goodbye. >> good morning. it is w
taxes deregular allegation, smaller government. you don't want to hear the new stuff, immigration reform, reaches out to minority voters or doing something about the medical expansion. even rand paul, his remarks were well-received for the most part but fell flat when he started talking about not jail kids for marijuana use. that kind of sent a chill over the crowd. basically, cpac from estimation is when you go to hear the hits and feel good that you joined in the conservative movements five day conference. cenk: it's interesting you mentioned rand paul. we've got both sides of what you mentioned here. i want to play the clip where he's playing the old hits. this would be "born in the u.s.a." if i were it were springsteen. >> the gop of old has grown steal and moss covered. the republican party has to change by going forward to the classical and timeless ideas in our constitution. it's time for us to revive reagan's law for liberty to expand, government must shrink. we must have a message that is broad, our vision must be broad and that must be based on freedom. cenk: oh smaller governm
here. one is each one had to alienate their own base. reagan increased taxes. o'neil cut benefits. both of them took heat. same thing with bill. clinton and newt gingrich didn't like each other much. both of them had to cut benefits, cut spending and newt gingrich agreed to raising taxes and balancing the budget. left a trillion dollar surplus in the bank. barack obama has to stand up to the base. i'm in the base. he's got to stand up and alienate us: and boehner has to do the same thing against the tea party. it won't happen unless both sides are willing to stand up. >> final question, lance armstrong in a similar way for the way they forgave bill clinton. you were part of that forgiveness process, some would argue, for bill clinton. as long as armstrong got that kind of chance, you think? >> a bit of a disclosure. i've had conversations with his attorneys. i think oprah was a good step, but not enough. he has to do much, much more to ever put this behind. >> but is it a possibility? >> yes. i think the american people are always willing to forgive if there's a teaching moment that out
that we saw on taxes, and the payrolls are starting to finally, to finally hit and get realized from the employees who are out there. and then we've got, you know, headlines that have been coming out of europe, i think, that are mixing into the equation here. granted, yes, we've had ten days the market's been up, everyone's been waiting for this opportunity to hit the sell button, and they're just little bit little tapping the button. i would expected it would have been a little harder, but right now the market seems like it wants to hang in there but not enough steam. triple which today we've got a s&p reweighting, so a lot of volume, a lot of volatility towards the end of the day. i don't think we're going to end green but, obviously, in the overall big picture, the market still wants to move higher. a lot of economic data next week, i think the trend is still going to be there. cheryl: i want to go over to the cme, right now we're sitting at 1558, not getting there quite yet on the s&p. what do you make of that point that jonathan made, daniel, about nobody's hitting the sell butt
republicans today. talking about spending, taxes, other critical issues. dana, are you with us? >> reporter: i am. can you hear me, wolf? >> now we hear you. >> reporter: good. to answer your question the timing couldn't have been more fascinating because it was about a half way through the president's meeting with house republicans that we all saw the white smoke. when he came out we asked him about that. >> mr. president, what about the new pope? >> mr. president, are you upstaged by the new pope? >> i made the announcement we saw smoke but i haven't actually seen the official announcement of name so we look forward to hearing about it and i'm sure it is going to be -- >> what about the white house tour? will there be white house smoke here. >> you're straining the analogy. >> how'd it go? >> good. i enjoyed it. it was useful. thank you. >> now, when we heard about the pope we were e-mailing with people in the room asking if people there knew about it. at the beginning there was hub bub but then it turns out the president was handed a note by his deputy chief of staff telling him the news an
costs down. what's your plan? ishares. low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. squa championship game rapped up. winning the acc for the first time this school history, but still wasn't enough to earn them a one seed in the big dance. miami is a two seed in the east region. louisville number one overall. the other one seeds are kansas, indiana and gonzaga. last year's number one overall seed, kentucky, they failed to make the tournament this year. st. louis wrapped up the atlantic 10 title yesterday taking care of bcu. after the game they tried to get right to the airport so they could watch the selection show, but they got stuck in traffic in new jersey, so the entire team stopped off at a local best buy and set up their own watch party. shoppers joined them as they learned they would be the four
of the fiscal cliff deal. what about that? >> we believe tax reform ought to occur so we get a pro-growth tax policy to get the economy rolling again. we'll charge the ways and means committee with doing that. come out with some white papers that provide a construct for that and we're excited about that excited about making certain we bring down tax rates for individuals and businesses, we have the highest business corporate rate in the industrialized world. that doesn't create jobs for anybody. that's a disincentive for job creation. wonderful reforms to get that economy rolling again and jobs created again in the house budget. we look forward to the debate that's going to come. >> tom price joining thus morning. thank you for joining us. >> thank you, soledad. >> you bet. >>> actress gwenneth paltrow has an interesting rule for her children. no carbs. we'll talk about that. and we'll talk about jillian michaels if that's healthy at all. she has written a new book called "slim for life." she is ahead. ♪ looking for a litter with natural ingredients that helps neutralize odors. discover tid
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